NEWS
Brazil's Next Crop Soy Sales Sluggish
Alastair Stewart South America Correspondent
Wed May 29, 2013 04:39 PM CDT

SAO PAULO, Brazil (DTN) -- Forward sales of Brazil's 2013-14 soybean crop have been extremely sluggish amid the massive uncertainties surrounding the upcoming season.

Farmers have only committed about 5% of their projected 2013-14 soybean crop compared with nearly 40% at the same time last year, according to Fernando Muraro of the AgRural grains consultancy.

"A lot of decisions have yet to be made about the 2013-14 crop," the analyst told a farm conference in Sao Paulo.

The principle question is whether farmers will make any money out of planting soybeans next year.

Margins have been extremely healthy for the ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN South America Calling Blog
Southern Brazil Soy Planting Lags
South America Calling
Brazil Soy Farmers Monitoring Market
South America Calling
Brazil Soy Planting Still Sluggish
South America Calling
Rain Restarts Brazil Soy Planting
South America Calling